Inmarsat Share Discussion Threads

[the original goldbug] 25/6/2018 15:22

What we really need is Sofbank is to come in and trump everyone with a silly bid.

I guess they are the only ones with the balance sheet to make a play in the £10 plus range, which the likes of Jeffries think is feasible.

[ptgint] 25/6/2018 15:08

Just what we needed.

[zcaprd7] 25/6/2018 15:03

Excellent, puts pressure on EchoStar to table a decent bid way before the deadline... Probably just to make them over pay, but who cares!

[argylerich] 25/6/2018 14:33

Well it means that Eutelsat can sit back and watch while Echostar have to bid by 6th July

[pugugly] 25/6/2018 14:32

15:16
Inmarsat takeover bid?

Shares in Inmarsat are almost 5% higher after Eutelsat confirmed a Bloomberg report that it was considering a takeover bid.

One trader said there was a "small question mark" over how the French company would finance such a deal, given that Eutelsat is worth €4.1bn (£3.6bn), while Inmarsat is valued at about £2.8bn.

A spokeswoman for Inmarsat declined to comment

[volsung] 25/6/2018 14:28

Bought a few. looks interesting

[argylerich] 25/6/2018 14:24

Even better, an RNS :-)

[kamitora] 25/6/2018 14:22

Eutelsat RNS

[kalkaar] 25/6/2018 14:21

released 15:16

[argylerich] 25/6/2018 14:08

TomG2325 Jun '18 - 14:57 - 3545 of 3546
0 1 0
Potential rival bid from eutelsat

Link perchance?

[essentialinvestor] 25/6/2018 13:58

Many congrats folks, must have been a very big challenge to keep the faith.


Aleman, thought you had this wrong have to admit.
You have a great knack of seeing value which sometimes alludes others,
as demonstrated by your record over the years on ADVFN. Well done.

[tomg23] 25/6/2018 13:57

Potential rival bid from eutelsat

[argylerich] 25/6/2018 13:45

Another move, anyone picked up why yet?

[ptgint] 25/6/2018 11:06

I tend to agree with you, Steeplejack, and unless a rival bidder appears on the scene before the 6 July I'd expect an uplifted offer by Echostar but below the £7 but all IMHO.

[samdb] 25/6/2018 07:33

No news but dips being bought. Someone accumulating?

[wskill] 23/6/2018 18:20

ISAT is a capital intensive business with very good growth prospects pity that the uk seems to dislike this kind of investment.
Maybe better if the Americans run it and rack up charges for users.

[zcaprd7] 23/6/2018 11:54

Presumably, if they think its so cheap, they can go hostile (which it appears they have begun) and just buy in the market, good luck to them, but that would drive the price over £10 on its own would guess.Buying the debt is clever and puts pressure on the board to sort this out quickly...

[the original goldbug] 22/6/2018 19:07

Echostar have also bought 10% of the convertible bonds which again supports the narrative that they are serious abour this (at the right price!)

[steeplejack] 22/6/2018 16:40

What we need is a bidding war.

[steeplejack] 22/6/2018 16:27

I think your thoughts are not that wide of the mark.Echostar shareholders will demand that the company doesn’t overpay for ISAT and,understandably,the starting consideration is how the market values Inmarsat .You can’t pretend that the price never fell to the mid 300s but a couple of months back.Rightly or wrongly,at that point in the company’s history,the stockmarket had a very low opinion of ISATs worth.(Helped of course by an almost incomprehensible dividend policy).Is Echostar simply to ignore the recent valuation placed upon Inmarsat and now pay ten pounds a share,getting on for near three times the recent years low?If I was an Echostar shareholder I’d be asking a lot of questions if that occurred.The Echostar management will wish to get the best deal they can.If they can get ISAT for seven quid (twice the recent low) then they’ll offer just that and they’ll be a lot of funds who will be more than grateful to receive a price double the low earlier in the year.That’s City short term thinking for you.

[wad collector] 22/6/2018 16:12

But, on the other hand , no other bid may materialise , EchoStar decide not to pursue , and we are back where we started in terms of fundamentals.
Like most holders I will sit back and wait and be prepared to curse .

[gambo555] 22/6/2018 14:57

Id agree gold bug...the floor is set around 550....so id expect it will saty here - even without echo start bidding...but i think its going to get bought out at around 10-12£ myself

[the original goldbug] 22/6/2018 14:20

I hope so Gambo and I think today’s news certainly reduces the risk of holding, so in a way there is a degree of free optionality attached to the share at the current price.

[gambo555] 22/6/2018 14:18

id agree - plus a bit more....personally i think well see 8-9 a share plus another bidder. So i think 11-12 take out bid. Based on sign off for ligado.....once its up for sale - which it is - a few will want this company. I held for a year and sold on the 8th (silly Boy) taking a loss....however thought trading that day was looking strange...DOH

Anyway I boughT back at 5.11 on Monday 11th and still believe they will make the year high plus 20-30%...so 10-11. I believed that when I bought them...Maybe echostar was shorting the stock for the pat several months to get the price down!??